{"id":10563,"date":"2017-07-31T08:04:43","date_gmt":"2017-07-31T13:04:43","guid":{"rendered":"http:\/\/leavittbrothers.com\/blog\/?p=10563"},"modified":"2017-07-31T08:04:43","modified_gmt":"2017-07-31T13:04:43","slug":"before-the-open-jul-31-5","status":"publish","type":"post","link":"https:\/\/blog.leavittbrothers.com\/?p=10563","title":{"rendered":"Before the Open (Jul 31)"},"content":{"rendered":"<p><span style=\"font-size: medium;\"> Good morning. Happy Monday. Hope you had a good weekend. <\/span><br \/>\n<span style=\"font-size: medium;\"> The <strong>Asian\/Pacific<\/strong> markets closed mostly up. China, Hong Kong, India and New Zealand led the way; Malaysia and the Philippines were weak. <strong>Europe, Africa and the Middle East<\/strong> are currently mostly up. Poland, Denmark, Switzerland, Italy and Romania are doing the best; Greece is weak. Futures in the <strong>States<\/strong> point towards a positive open for the cash market. <\/span><br \/>\n<span style=\"font-size: medium;\"><!--more-->&#8212;&#8212;&#8212;&#8212;&#8212;<br \/>\n<strong> VIDEO: <\/strong><a style=\"font-weight: bold; font-size: medium;\" href=\"https:\/\/youtu.be\/KbOcE84GkyY\">LeavittBrothers.net Overview<\/a><br \/>\n&#8212;&#8212;&#8212;&#8212;&#8212;<\/span><br \/>\n<span style=\"font-size: medium;\"> The dollar is down. Oil is down; copper is up. Gold and silver are mixed and little changed. Bonds are down. <\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Stock headlines<\/strong> from barchart.com&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\"> Oppenheimer raised its 2017 year-end target for the S&amp;P 500 to 2,650 from a prior forecast of 2,450.<\/span><br \/>\n<span style=\"font-size: medium;\"> Wells Fargo (WFC -2.58%) was upgraded to &#8216;Market Perform&#8217; from &#8216;Underperform&#8217; at BMO Capital Markets.<\/span><br \/>\n<span style=\"font-size: medium;\"> American Airlines Group (AAL +0.98%) was upgraded to &#8216;Outperform&#8217; from &#8216;Market Perform&#8217; at Cowen with a price target of $57.<\/span><br \/>\n<span style=\"font-size: medium;\"> Citigroup (C -0.25%) was downgraded to &#8216;Market Perform&#8217; from &#8216;Outperform&#8217; at BMO Capital Markets.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hilton Worldwide Holdings (HLT -0.16%) was upgraded to &#8216;Hold&#8217; from &#8216;Sell&#8217; at Berenberg.<\/span><br \/>\n<span style=\"font-size: medium;\"> Virtus Investment Partners (VRTS -2.41%) was upgraded to &#8216;Outperform&#8217; from &#8216;Neutral&#8217; at Credit Suisse with a price target of $147.<\/span><br \/>\n<span style=\"font-size: medium;\"> Facebook (FB +1.18%) was downgraded to &#8216;Sell&#8217; from &#8216;Hold&#8217; at Pivotal.<\/span><br \/>\n<span style=\"font-size: medium;\"> Celgene (CELG -0.04%) was upgraded to &#8216;Buy&#8217; from &#8216;Hold&#8217; at Argus Research with a price target of $160.<\/span><br \/>\n<span style=\"font-size: medium;\"> Hertz Global Holdings (HTZ -0.17%) was downgraded to &#8216;Underweight&#8217; from &#8216;Equalweight&#8217; at Barclays.<\/span><br \/>\n<span style=\"font-size: medium;\"> ANI Pharma (ANIP +0.89%) was initiated a new &#8216;Buy&#8217; at Canaccord Genuity with a price target of $60.<\/span><br \/>\n<span style=\"font-size: medium;\"> Tesla (TSLA +0.18%) on Friday night delivered its first mass-market Model 3 electric vehicles with a price tag of $44,000 and a higher-than-expected 310-mile range.<\/span><br \/>\n<span style=\"font-size: medium;\"> Kearny Financial (KRNY -0.34%) reported in-line EPS of 5 cents.<\/span><br \/>\n<span style=\"font-size: medium;\"> Ironwood Pharma (IRWD +5.71%) rallied 6% on a positive research note by Wells Fargo.<\/span><br \/>\n<span style=\"font-size: medium;\"> <strong>Today&#8217;s Economic Calendar<\/strong><br \/>\n<span style=\"font-size: medium;\"> 9:45 Chicago PMI<br \/>\n<span style=\"font-size: medium;\"> 10:00 Pending Home Sales<br \/>\n<span style=\"font-size: medium;\"> 10:30 Dallas Fed Manufacturing Survey<br \/>\n<span style=\"font-size: medium;\"> 3:00 Farm Prices<\/span><\/span><\/span><\/span><\/span><br \/>\n<span style=\"font-size: medium;\"><strong>Other<\/strong>&#8230;<\/span><br \/>\n<span style=\"font-size: medium;\">today&#8217;s <a href=\"http:\/\/www.briefing.com\/investor\/calendars\/upgrades-downgrades\/\">upgrades\/downgrades<\/a> from briefing.com<\/span><br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/www.morningstar.com\/earnings\/earnings-calendar.aspx\">Earnings<\/a><\/span> from Morningstar<br \/>\n<span style=\"font-size: medium;\">this week&#8217;s <a href=\"http:\/\/mam.econoday.com\/\">Economic Numbers\/Reports<\/a><\/span> powered by ECONODAY<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning. Happy Monday. Hope you had a good weekend. The Asian\/Pacific markets closed mostly up. China, Hong Kong, India and New Zealand led the way; Malaysia and the Philippines were weak. Europe, Africa and the Middle East are currently mostly up. Poland, Denmark, Switzerland, Italy and Romania are doing the best; Greece is weak. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10563"}],"collection":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10563"}],"version-history":[{"count":0,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=\/wp\/v2\/posts\/10563\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.leavittbrothers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}